Oireachtas Joint and Select Committees
Wednesday, 29 March 2023
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2023: Committee Stage
Michael McGrath (Cork South Central, Fianna Fail)
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The change in the rate of benefit to €15,000 requires state aid approval. That can only be prospective in nature. Going from 40% to 50% of the increase it has met under the scheme requires state aid approval. The advice I have received is that aspect can only be applied on a going forward basis.